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Interest and fees on loans
$82,285K
(8.95%↑ Y/Y)
Non-loan interest and
dividend income
$2,092K
(9.30%↑ Y/Y)
Total interest income
$84,377K
(8.96%↑ Y/Y)
Net interest income
$57,247K
(7.26%↑ Y/Y)
Gain on taxi
medallion assets, net
$1,316K
(75.70%↑ Y/Y)
Loss on sale of
recreation loans
$1,281K
(-1.76%↓ Y/Y)
Strategic partnership
fees
-$1,136K
(-44.35%↓ Y/Y)
Other income
$511K
(87.18%↑ Y/Y)
Gain on equity
investments, net
$232K
(-96.19%↓ Y/Y)
Total interest
expense
$27,130K
(12.70%↑ Y/Y)
Net interest income
after provision for...
$34,974K
(9.95%↑ Y/Y)
Other income, net
$4,476K
(-51.40%↓ Y/Y)
Provision for credit
losses
$22,273K
(3.30%↑ Y/Y)
Interest on deposits
$22,122K
(12.82%↑ Y/Y)
Interest on long-term
debt
$4,973K
(26.99%↑ Y/Y)
Interest on short-term
borrowings
$35K
(-93.61%↓ Y/Y)
Net income (loss)
before taxes
$14,497K
(-25.55%↓ Y/Y)
Total other expenses
$24,953K
(15.82%↑ Y/Y)
Net income (loss)
$9,780K
Income tax provision
$4,717K
(-18.74%↓ Y/Y)
Salaries and employee
benefits
$11,247K
(10.83%↑ Y/Y)
Loan servicing fees
$4,366K
(50.60%↑ Y/Y)
Other expenses
$2,162K
(-36.56%↓ Y/Y)
Professional fee costs, net
$2,088K
(75.91%↑ Y/Y)
Collection costs
$1,931K
(10.41%↑ Y/Y)
Regulatory fees
$1,002K
(-9.65%↓ Y/Y)
Rent expense
$698K
(2.20%↑ Y/Y)
Depreciation
$656K
Director compensation
$441K
Amortization of intangible
assets
$362K
(0.00%↑ Y/Y)
Net income
attributable to medallion...
$7,445K
(-32.74%↓ Y/Y)
Less income
attributable to the...
$2,335K
(-10.12%↓ Y/Y)
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Income Statement
MEDALLION FINANCIAL CORP (MBNKO)
MEDALLION FINANCIAL CORP (MBNKO)
source: myfinsight.com